Oct 31, 2013 7:00am PDT
forward. >> does some of the conversation change as well, josh, because the nation's deficit has been cut in half since the president took office. we just got word that the nation's deficit is below $1 trillion for the first time in five years. does that in any way change the conversation? >> i think it does. the congressional budget office says that debt as a share of gdp will be flat for the next decade. why would we have a grand bargain? there's no need for a further deficit reduction. republicans don't want the tax increase. democrats don't want entitlement cut asks why would they get together to reduce the deficit? the one thing that's motivating toward a grand bargain is that democrats dislike the sequestration cuts and would like to unwind them, but i don't think they can reach a deal to unwind very much of them because they would have to -- in order to offset them they would have to raise taxes or cut entitlements and people if they hate the sequester, they don't hate the sequester to cut the entitlements. you might sell off federal-owned timberlands and raise fees and you wouldn'
Oct 30, 2013 7:00am PDT
office is that would have increased the deficit by about $110 billion in the first decade and close to a trillion dollars in the second decade. we know that we have 42 or 43 million americans without health insurance at all, some of them medicaid eligible and some over the medicaid eligibility. 30 governors so far, republicans and democrats, have declared their support for moving ahead with medicaid expansion, but absent that, the affordable care act, those folks would be without any kind of health security. and in the private market, what we know is it takes a real toll. but i'd say the biggest issue is not just the financial toll, not the community toll, not the country toll, which is significant. i have a good friend who runs the cancer center at the university of kansas. i was with him and cancer researchers recent low, and he said that if you get a cancer diagnosis, you are 60% more likely to live five years and beyond if you have insurance than if you don't. i think that's a pretty powerful statement for why we need affordable health care for all of our citizens. >> well, than